Consider the following data for two variables, x and y. a. Compute the standardized residuals for these
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a. Compute the standardized residuals for these data. Do the data include any outliers? Explain.
b. Plot the standardized residuals against y-bar. Does this plot reveal any outliers?
c. Develop a scatter diagram for these data. Does the scatter diagram indicate any outliers in the data? In general, what implications does this finding have for simple linear regression?
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Related Book For
Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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